 | Banking Crises and Crisis Dating : Theory and Evidence Author/Editor: Elena Loukoianova, Gianni De Nicolo, John H. Boyd. Release Date:July, 2009 Many empirical studies of banking crises have employed banking crisis (BC) indicators constructedusing primarily information on government actions undertaken in response to bank distress. more...
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 | Analysis of the Efficiency and Profitability of the Japanese Banking System Author/Editor: Elena Loukoianova. Release Date:March, 2008 The paper analyzes the efficiency and profitability of Japanese banks from 2000-06. It uses a non-parametric approach, the data envelopment analysis (DEA) to analyze banks' cost and revenue more...
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 | A Risk-Based Debt Sustainability Framework : Incorporating Balance Sheets and Uncertainty Author/Editor: Dale F Gray, Elena Loukoianova, Samuel W Malone, Cheng Hoon Lim. Release Date:February, 2008 This paper proposes a new framework for the analysis of public sector debt sustainability. The framework uses concepts and methods from modern practice of contingent claims to develop a quantitative more...
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 | Bank Ownership, Market Structure and Risk Author/Editor: Gianni De Nicolo, Elena Loukoianova. Release Date:September, 2007 This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the relationship between banks' risk of failure, market structure, bank ownership, and banks' more...
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 | Estimation of a Behavioral Equilibrium Exchange Rate Model for Ghana Author/Editor: Elena Loukoianova, Plamen Iossifov. Release Date:July, 2007 The paper estimates a behavioral equilibrium exchange rate model for Ghana. Regression results show that most of the REER's long-run behavior can be explained by real GDP growth, real interest rate more...
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 | Pricing and Hedging of Contingent Credit Lines Author/Editor: Elena Loukoianova, Salih N Neftci, Sunil Sharma. Release Date:January, 2006 Contingent credit lines (CCLs) are widely used in bank lending and also play an important role in the functioning of short-term capital markets. Yet, their pricing and hedging has not received much more...
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 | Analysis of Recent Growth in Low-Income CIS Countries Author/Editor: Elena Loukoianova, Anna Unigovskaya. Release Date:August, 2004 This paper analyzes factors that determine recent economic growth in the low-income countries of the Commonwealth of Independent States.2 The main findings are as follows: (1) productivity gains in more...
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